Senior Project Finance Valuation Analyst - New Leaf Energy, Inc.
Chicago, IL
About the Job
New Leaf Energy is an experienced clean energy developer that partners with landowners, policymakers, and other stakeholders to accelerate the transition to a world powered by renewable energy. We identify high-value sites, work with landowners and local communities to develop them, and partner with long-term asset owners to bring the most impactful clean energy projects to life.
New Leaf Energy is seeking a Senior Project Finance Valuation Analyst to join our growing team.
This position may be filled out of our Lowell, MA, Boston, MA, Chicago, IL, Oakland, CA, or Troy, NY offices. We value in-person collaboration and offer a hybrid work environment. Hybrid employees work in the office at least two out of every Tuesday, Wednesday, and Thursday, and are free to work from the office or from home on other days.
About the Role
The Senior Project Finance Valuation Analystwill participate in the development and financing of utility-scale renewable energy projects by creating financial models that analyze project revenues, costs, risks, and resolution thereof with the goal of maximizing project valuations. This role uniquely supports all stages of clean energy project development, from assessing new policies and markets to analyzing project economics, to finalizing transactions with project buyers.
Position responsibilities will include, but are not limited to:
Financial Modeling & Valuation
- Develop and analyze financial models to evaluate utility-scale project valuations/profitability, viability of potential new markets, and impacts of changes to existing RTO/ISO policies;
- Analyze financial models and market feedback to understand the impact of key valuation drivers on projects by RTO/ISO and how/why valuations change over time, and communicate insights to regional teams and executive leadership;
- Collaborate with project developers and development engineering on design optimization to maximize project economics;
- Drive the development and adoption of new tools and techniques which drive efficiency and speed in the development of new projects across the company;
- Research today's and forecasted energy/wholesale/capacity market fundamentals and translate market dynamics into valuation impacts and model sensitivities;
- Perform any other duties as directed by the Senior Director of Project Finance.
Support M&A Transactions
- Upon project divestment, manage cross-functional teams to complete critical project development tasks through an in-depth understanding of real estate, project permitting, and interconnection;
- Maintain checklists, schedules and other project management tools required to keep the process organized and allow transactions to close quickly;
- Lead the creation and organization of detailed data rooms and support all project marketing, award, and closing processes;
- Track inter-departmental deliverables and forecast project milestone dates;
- Communicate effectively and build relationships with internal stakeholders and external clients, such as project financiers and project buyers;
- Assist in the preparation and organization of legal transaction documents including LOIs and Membership Interest Purchase Agreements;
- Assist in the drafting and negotiation of critical project contracts, including the site lease, PPA, easements, property tax agreements, etc.
Desired Qualifications
While no one individual will possess them all, the successful candidate will bring many of the following experiences, skills, and attributes. If you're unsure whether you meet enough of the qualifications below but believe that your experience and skill set is a good match for this position, we invite you to apply!
- Bachelor's Degree in a technical field;
- 5 to 8 years' experience in the renewable energy industry, with focus on utility-scale;
- Project finance modeling experience;
- Mastery of Microsoft Excel required;
- Ability to multi-task in a fast-paced business environment;
- Knowledge of energy or renewable energy development and finance;
- Aaccurate and detail oriented;
- Proactive and able to work independently;
- Ability to analyze financial models and understand the impact of various key drivers;
- Understanding of key tax issues and their impact on different deal structures;
- Technology-oriented;
- Very strong written and verbal communication skills.
Compensation
New Leaf Energy compensates all employees in three ways: market-competitive base salary, plus above-market variable compensation, plus an equity-like program such that all employees experience the benefits of ownership. We use a data-driven and transparent methodology to calibrate compensation that is externally competitive and internally equitable, guided by the New Leaf Energy compensation manual, which is available to all employees.
Under our compensation framework, the likely base salary range for this position in the Chicago location is $141,320-$157,230. Your actual salary may be above, in, or below this range, depending on your location and experience.
Compensation for this position includes an incentive plan, about which we can go into detail in the interview process.
Benefits and Culture
New Leaf Energy's success is driven by our collaborative, long-term relationships based on trust and transparency. We offer a flexible work environment that places significant responsibility in independent teams and creates opportunities for innovation and personal growth. New Leaf Energy's benefits are designed to appropriately recognize our employees' contributions and enable a reasonable work/life balance. Our benefits include:
- Competitive salaries and comprehensive benefits, including medical, dental and vision;
- A 401k plan with immediate vesting and a company match (100% of the first three percent of your pay; 50% for the next two percent you contribute);
- An open and self-managed paid time-off policy;
- A hybrid work location policy that supports working from home for part of the week;
- A parental leave policy for both birthing and non-birthing parents, available immediately upon hire;
- Professional development and education assistance.
Commitment to Diversity and Inclusion
New Leaf Energy values the diverse perspectives, skills, experiences, and contributions of all employees. We want all our employees to feel like they belong and are empowered to be their most authentic selves at work. We're actively committed to fostering diversity and creating an inclusive environment not only within our own organization but also within the clean energy industry.
We seek a diverse candidate pool in this–and every–search. New Leaf Energy provides equal employment opportunities to all employees and applicants without regard to race, color, religion, gender, age, sexual orientation, national origin, ancestry, disability, genetics, veteran status or any other characteristic protected by state, federal and local laws. In addition to federal law requirements, New Leaf Energy complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. EEO M/F/D/V.
A Note to Third-Party Recruiters
New Leaf Energy's People + Culture team coordinates all recruiting and hiring at our company. New Leaf Energy does not accept unsolicited resumes from third-party recruiters, staffing firms, or related agencies. Resumes are only accepted from third-party recruiters, staffing firms, or related agencies if a signed agreement is in place AND if external recruiting assistance is authorized by the People + Culture team for a specific position. All unsolicited resumes will be considered the property of New Leaf Energy. New Leaf Energy is not responsible for any fees related to unsolicited resumes.